{"id":55608,"date":"2022-01-23T19:41:09","date_gmt":"2022-01-23T18:41:09","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=55608"},"modified":"2022-01-23T19:41:09","modified_gmt":"2022-01-23T18:41:09","slug":"financial-statements-companies-gets-filing-options-from-sec","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/","title":{"rendered":"Financial Statements: Companies Gets Filing Options From SEC"},"content":{"rendered":"<p>The Securities and Exchange Commission (SEC) has notified all public companies of the available options on filing of 4th Quarter and Annual Audited Financial Statements.<br clear=\"none\" \/><br clear=\"none\" \/>This was contained in a circular released by the SEC weekend in Abuja.<br clear=\"none\" \/><br clear=\"none\" \/>One of the options the Commission said, is to file the Unaudited Fourth (4th) Quarter Financial Statement within thirty (30) days after the Quarter end, and file Annual Audited Financial statements within ninety (90) days after the year-end:<br clear=\"none\" \/><br clear=\"none\" \/>Another Option according to the SEC is not to file the Fourth (4th) Quarter Unaudited Returns but to file the Annual Audited Financial Statements within Sixty (60) days after the year end.<br clear=\"none\" \/><br clear=\"none\" \/>The Commission said this is sequel to the Pilot Scheme on filing of Fourth (4th) Quarter and Annual Audited Financial Statements by Public Companies introduced in March 2019.<br clear=\"none\" \/><br clear=\"none\" \/>\u201cConsequently, Public Companies are advised to adopt a filing regime and strictly adhere to its preferred filing option.<br clear=\"none\" \/><br clear=\"none\" \/>\u201cPublic companies should note that failure to abide by an adopted filing regime will be deemed a violation of Section 60 of the Investments and Securities Act, 2007\u201d the SEC stated.<br clear=\"none\" \/><br clear=\"none\" \/>In another Circular, the Commission has reminded Capital Market operators and relevant stakeholders that the 2022 registration renewal exercise will end on 31st January 2022, and there will be no extension.<br clear=\"none\" \/><br clear=\"none\" \/>The SEC said \u201cThe renewal portal can be accessed via eportal.sec.gov.ng<br clear=\"none\" \/>and Capital Market Operators that fail to renew their licenses will be barred from performing capital market activities in 2022\u201d.<\/p>\n<p><strong>Photo Caption: From Left&#8211;Member, Micro, Small and Medium Enterprise Business Membership Organization Engr Sola Kayode, President, Alh Garba Ibrahim and Executive Commissioner \u00a0Operations Securities and Exchange Commission Mr Dayo Obisan during a Meeting between The SEC and MSME Forum in Abuja at the weekend\u00a0<\/strong><\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Commission (SEC) has notified all public companies of the available options on filing of 4th Quarter and Annual Audited Financial Statements.<br \/>\n<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":55609,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[7586,575],"coauthors":[2391],"class_list":["post-55608","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-audited-financial-statements","tag-sec"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial Statements: Companies Gets Filing Options From SEC - National Wire<\/title>\n<meta name=\"description\" content=\"The Securities and Exchange Commission (SEC) has notified all public companies of the available options on filing of 4th Quarter a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial Statements: Companies Gets Filing Options From SEC - National Wire\" \/>\n<meta property=\"og:description\" content=\"The Securities and Exchange Commission (SEC) has notified all public companies of the available options on filing of 4th Quarter a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-23T18:41:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/01\/thumbnail-8.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/01\/thumbnail-8.jpeg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/01\/thumbnail-8.jpeg\",\"width\":1080,\"height\":720},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/\",\"name\":\"Financial Statements: Companies Gets Filing Options From SEC - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/#primaryimage\"},\"datePublished\":\"2022-01-23T18:41:09+00:00\",\"dateModified\":\"2022-01-23T18:41:09+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"description\":\"The Securities and Exchange Commission (SEC) has notified all public companies of the available options on filing of 4th Quarter a\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial Statements: Companies Gets Filing Options From SEC\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Financial Statements: Companies Gets Filing Options From SEC - National Wire","description":"The Securities and Exchange Commission (SEC) has notified all public companies of the available options on filing of 4th Quarter a","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/","og_locale":"en_US","og_type":"article","og_title":"Financial Statements: Companies Gets Filing Options From SEC - National Wire","og_description":"The Securities and Exchange Commission (SEC) has notified all public companies of the available options on filing of 4th Quarter a","og_url":"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/","og_site_name":"National Wire","article_published_time":"2022-01-23T18:41:09+00:00","og_image":[{"width":1080,"height":720,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/01\/thumbnail-8.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Friday Ekeoba","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/01\/thumbnail-8.jpeg","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/01\/thumbnail-8.jpeg","width":1080,"height":720},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/","name":"Financial Statements: Companies Gets Filing Options From SEC - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/#primaryimage"},"datePublished":"2022-01-23T18:41:09+00:00","dateModified":"2022-01-23T18:41:09+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927"},"description":"The Securities and Exchange Commission (SEC) has notified all public companies of the available options on filing of 4th Quarter a","breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/financial-statements-companies-gets-filing-options-from-sec\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"Financial Statements: Companies Gets Filing Options From SEC"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927","name":"Friday Ekeoba","url":"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/55608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=55608"}],"version-history":[{"count":1,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/55608\/revisions"}],"predecessor-version":[{"id":55610,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/55608\/revisions\/55610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/55609"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=55608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=55608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=55608"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=55608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}